Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Cabinet sanctions Bill to set up Development Finance Institution

Tuesday, 16 Mar 2021
Share this on :
The Union Cabinet has approved a Bill to set up a Development Finance Institution (DFI) to generate funds for investment in the infrastructure sector. 
 
The proposed legislation will give effect to the Budget announcement made by Union Finance Minister Nirmala Sitharaman on 1 February 2021. 
 
The government has proposed Rs 20,000 crore to capitalise the institution. 
 
The Cabinet has cleared this Bill through which it will have an institution and institutional arrangement, which will help in increasing long-term funds. The proposed DFI will have 50 percent non-official Directors. 
 
In the Union Budget 2019-20, the Finance Minister had proposed a study for setting up DFIs for promoting infrastructure funding. Around 7,000 projects have been identified under the National Infrastructure Pipeline (NIP) with a projected investment of Rs 111 lakh crore during 2020-25. 

 

 

New Password
Confirm Password